Problem 6-2A Alternative cost flows-perpetual LO2 eXcel CHECK FIGURES: 1. Ending inventory: a. $27.520.00; b. $27,279.00; 2. Ending inventory = $27.365.00 The Stilton Company has the following inventory and credit purchases during the fiscal year on December 31, 2017 Beginning... Feb. 10 Aug. 21.... . 500 units 250 units 130 units @ @ @ $85/unit $82/unit $95/unit Stilton Company has two credit sales during the period. The units have a selling price of $145.00 per unit. Sales Mar. 15 .................................................... 330 units 330 Sept. 10.... 235 units Stilton Company uses a perpetual inventory system. Required 1. Calculate the dollar value of cost of goods sold and ending inventory using: a. FIFO b. Moving weighted average. Round to two decimal places. 2. Calculate the dollar value of cost of goods sold and ending inventory using specific identification, assuming the sales were specifically identified as follows: Mar. 15: 170 units from beginning inventory, and 160 units from the February 10 purchase Sept. 10: 165 units from beginning inventory, and 20 units from the February 10 purchase, and 50 units from the August 21 purchase 3. Using information from your answers in Parts 1 and 2, journalize the credit purchase on February 10 and the credit sale on September 10 for each of: a. FIFO b. Moving weighted average c. Specific identification